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Dec 30, 2012
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. >> good sunday morning, time is nearly up before we go over the so-called fiscal cliff. senate leaders spent the weekend working on a last-ditch deal and the house comes back today for a rare sunday night session. yesterday afternoon, in an exclusive interview, president obama sat down with me in the blue room of the white house. to discuss the way forward and his priorities for a second term. >> mr. president, welcome back to "meet the press." >> great to be here, thank you. >> the obvious question -- are we going over the fiscal cliff? >> well, i think we're going to find out in the next 48 hours what congress decides to do. but i think it's important for the american people to understand exactly what this fiscal cliff is. because it's actually not that complicated. the tax cuts that were introduced in 2001, 2003, 2010, those were extended and they're all about to expire at the end of the year. so on midnight, december 31st, if congress doesn't act, then everybody's taxes go up. and for the average family, that could mean a loss of $2,000 in income. for the entire econ
. >> good sunday morning, time is nearly up before we go over the so-called fiscal cliff. senate leaders spent the weekend working on a last-ditch deal and the house comes back today for a rare sunday night session. yesterday afternoon, in an exclusive interview, president obama sat down with me in the blue room of the white house. to discuss the way forward and his priorities for a second term. >> mr. president, welcome back to "meet the press." >> great to be here,...
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Dec 30, 2012
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related to the fiscal cliff. as we've been reported, the senate won't tonight either. although they're talking and we expect them to come back tomorrow morning at 11:00. as we all know from past battles, today's fiscal cliff fight is, sadly, typical. in fact, this congress is on track to go down as the least productive congress since recordkeeping began. in the course of nearly two years, the 112th congress has passed 219 bills that have actually been signed into law by president obama. but a lot of these laws were insignificant, things like the names of post offices. and a slew of bills passed by the house had no chance of passing the senate or getting the president's signature, like repeated attempts to repeal the affordable care act. the influence of the tea party lawmakers have been a clear factor. >> the tea party, which is not even on the screen about a year ago at this time, is a very domineering force. >> one story will be with us, the rise of the tea party. >> regardless of what those elites think, the t
related to the fiscal cliff. as we've been reported, the senate won't tonight either. although they're talking and we expect them to come back tomorrow morning at 11:00. as we all know from past battles, today's fiscal cliff fight is, sadly, typical. in fact, this congress is on track to go down as the least productive congress since recordkeeping began. in the course of nearly two years, the 112th congress has passed 219 bills that have actually been signed into law by president obama. but a...
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Dec 28, 2012
12/12
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cliff. we are hearing the president's planning to present a smaller offer. for the latest, we bring in peter alexander from the white house and mike viqueira from capitol hill. peter, let's talk about what's going on at the white house meeting. i hear senators are optimistic about a mini deal which, of course, will raise taxes on those above $400,000. expand the amt, cut some spending. what are you hearing? >> reporter: well, hearing a lot of different things right now. one of the items and ruled by rumor and then denials and frustrations, toure. we know that we saw senators mcconnell and reid arriving a short time ago. we didn't pelosi and boehner arrive yet but the vice president joe biden got here a short time ago, as well. there's other reporting from the hill right now about the potential that the president is going to return to what was basically his original outlined plan. perhaps a smaller plan but a plan where the threshold would be set closer to $250,000 as he initially had before
cliff. we are hearing the president's planning to present a smaller offer. for the latest, we bring in peter alexander from the white house and mike viqueira from capitol hill. peter, let's talk about what's going on at the white house meeting. i hear senators are optimistic about a mini deal which, of course, will raise taxes on those above $400,000. expand the amt, cut some spending. what are you hearing? >> reporter: well, hearing a lot of different things right now. one of the items...
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Dec 26, 2012
12/12
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cliff. that's not all, holiday spending also hit its lowest rate since the 2008 recession, which retailers are blaming on the uncertainty in washington. so where do we go from here? well, since the house failed to get a vote on the tax package last week, all eyes are on the senate. a temporary deal that would basically extend all the tax cuts for those making under a quarter million. the deal would also rescue long-term unemployment benefits and instead of addressing those automatic spending cuts we've all heard about that are set for january 1st, this temporary deal would delay them for another six months. few are optimistic this new plan, if we do go over the clifr, would work out. so what would half if we go over the cliff? the payroll tax holiday will expire on new year's day. that means most people will start paying more taxes in each paycheck. another 21 million americans would lose federal emergency unemployment benefits and those, let's remember, are people struggling the most right
cliff. that's not all, holiday spending also hit its lowest rate since the 2008 recession, which retailers are blaming on the uncertainty in washington. so where do we go from here? well, since the house failed to get a vote on the tax package last week, all eyes are on the senate. a temporary deal that would basically extend all the tax cuts for those making under a quarter million. the deal would also rescue long-term unemployment benefits and instead of addressing those automatic spending...
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Dec 28, 2012
12/12
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trying to bring both sides together at the white house today to try to reach a deal on the fiscal cliff. in the meantime, harry reid refers to john boehner's leadership as a dictatorship. not helpful. >>> but first, to your top stories this morning -- retired general norman schwarzkopf died thursday at his home in tampa, florida, he's credited with devising the plan that drove saddam hussein's forces out of kuwait in 1991. known as stormin' norman for his strong personality. >>> the general said that he did agree with president george h.w. bush's decision not to follow saddam's decision into baghdad. >> ladies and gentlemen, when we here, we were 150 miles away from baghdad and there's nobody between us and bagsd. if our intention to take iraq, to destroy the country, if it had been our intention to overrun the country, we could have done it unopposed from this position at that time. >> schwarzkopf was honored for his service with the medal of freedom. queen elizabeth even awarded him with a knight hood. >>> former president george h.w. bush praised his leadership yesterday. general sch
trying to bring both sides together at the white house today to try to reach a deal on the fiscal cliff. in the meantime, harry reid refers to john boehner's leadership as a dictatorship. not helpful. >>> but first, to your top stories this morning -- retired general norman schwarzkopf died thursday at his home in tampa, florida, he's credited with devising the plan that drove saddam hussein's forces out of kuwait in 1991. known as stormin' norman for his strong personality....
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Dec 31, 2012
12/12
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jimmy, let's start with the fiscal cliff. >> fiscal cliff. >> we're hearing about a strange marriage between minority leader mitch mcconnell and the vice president. why is the senate's top republican having to go to the white house for help with democrats? >> well, i mean, they have been running around saying we want the president to lead, we need the president to show leadership. john mccain just went to the show and said the president needs to show leadership. does he think the vice president's office somehow got moved away from the executive branch? i'm pretty sure the president via his vice president is leading. if that's the case, it sounds to me like they don't like what he's leading with. >> you said via. he hasn't built the relationships with members of his own party or the other party. so, yes, it makes sense that vice president biden is brought in because he still has relationships with people on the hill. >> but, susan, another issue here, and that is mcconnell having to go to biden because he's learned he can't depend on boehner to help him. >> well, i think -- >> no? stu
jimmy, let's start with the fiscal cliff. >> fiscal cliff. >> we're hearing about a strange marriage between minority leader mitch mcconnell and the vice president. why is the senate's top republican having to go to the white house for help with democrats? >> well, i mean, they have been running around saying we want the president to lead, we need the president to show leadership. john mccain just went to the show and said the president needs to show leadership. does he think...
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Dec 31, 2012
12/12
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. >> good sunday morning, time is nearly up before we go over the so-called fiscal cliff. senate leaders spent the weekend working on a last-ditch deal and the house comes back today for a rare sunday night session. yesterday afternoon, in an exclusive interview, president obama sat down with me in the blue room of the white house to discuss the way forward and his priorities for a second term. >> mr. president, welcome back to "meet the press." >> great to be here, thank you. >> the obvious question -- are we going over the fiscal cliff? >> well, i think we're going to find out in the next 48 hours what congress decides to do. but i think it's important for the american people to understand exactly what this fiscal cliff is. because it's actually not that complicated. the tax cuts that were introduced in 2001, 2003, 2010, those were extended and they're all about to expire at the end of the year. so on midnight, december 31st, if congress doesn't act, then everybody's taxes go up. and for the average family, that could mean a loss of $2,000 in income. for the entire econo
. >> good sunday morning, time is nearly up before we go over the so-called fiscal cliff. senate leaders spent the weekend working on a last-ditch deal and the house comes back today for a rare sunday night session. yesterday afternoon, in an exclusive interview, president obama sat down with me in the blue room of the white house to discuss the way forward and his priorities for a second term. >> mr. president, welcome back to "meet the press." >> great to be here,...
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Dec 31, 2012
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time nearly up before we go over the fiscal cliff. senate leaders spent the weekend working on a last-ditch deal and the house comes back for a rare sunday session. president obama sat down with me in the blue room of the white house to discuss the way forward and his priorities for a second term. mr. president, welcome back to "meet the press." >> great to be here. thank you. >> the obvious question, are we going to go over the fiscal cliff? >> well, i think we'll find out in the next 48 hours what congress will decide to do. but i think it's important for the american people to understand exactly what this fiscal cliff is, because it's actually not that complicated. the tax cuts that were introduced in 2001, 2003, 2010, those were extended, and they are all about to expire at the end of the year. so on midnight, december 31st, if congress doesn't act, then everybody's taxes go up. and for the average family, that could mean a loss of $2,000 in income. for the entire economy, that means consumers have a lot less money to make purchas
time nearly up before we go over the fiscal cliff. senate leaders spent the weekend working on a last-ditch deal and the house comes back for a rare sunday session. president obama sat down with me in the blue room of the white house to discuss the way forward and his priorities for a second term. mr. president, welcome back to "meet the press." >> great to be here. thank you. >> the obvious question, are we going to go over the fiscal cliff? >> well, i think we'll...
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Dec 31, 2012
12/12
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. >>> meantime, the fiscal cliff stand-off in washington continues. at this late hour the senate and house of representatives both went into recess, still no deal. republican senate leader mitch mcconnell reached out to vice president joe biden to help reach an agreement. two men who have served as their party's closers, so to speak, on tough deals before. senate majority leader harry reid says he plans to have a plan up for a vote tomorrow morning. although there are serious differences on both sides. >> we're not going to have any social security cuts at this stage, it just doesn't seem appropriate. i still hold out hope we can get something done but i'm not overly optimistic but i am cautiously optimistic. >> republicans pushed back on claims by democrats that the social security benefit measurement, which is known as the chained cpi and basically would reduce the amount of money that senior citizens get under social security, was part of the republican plan. in any case, that is off the table. senator john mccain posted this on twitter, most of us
. >>> meantime, the fiscal cliff stand-off in washington continues. at this late hour the senate and house of representatives both went into recess, still no deal. republican senate leader mitch mcconnell reached out to vice president joe biden to help reach an agreement. two men who have served as their party's closers, so to speak, on tough deals before. senate majority leader harry reid says he plans to have a plan up for a vote tomorrow morning. although there are serious...
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Dec 27, 2012
12/12
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fiscal cliff. we're going to be talking about the starbucks effort a little later in the show. good morning, ladies and gentlemen. >> good morning. >> good morning. it's thursday, december 27th. i'm mike barnicle in for joe, mika and willie. joining the table, we have political editor and white house correspondent for the huffington post, sam stein. >> hi. >> applause for sam. "fortune's" assistant managing editor, leigh gallagher. and the president of the council on foreign relations, author of "foreign policy begins at home: the case for putting america's house in order." and in washington, vice president and executive editor of msnbc.com and msnbc political analyst, richard wolffe. a minor round of applause for richard wolffe. >> one hand clapping. >> first of all, can anybody here come up with a synonym -- i don't care what it is -- so we don't have to employ the phrase "fiscal cliff" at all during the day? any ideas? anybody got any -- >> how about deadline? >> how about do your job. how about
fiscal cliff. we're going to be talking about the starbucks effort a little later in the show. good morning, ladies and gentlemen. >> good morning. >> good morning. it's thursday, december 27th. i'm mike barnicle in for joe, mika and willie. joining the table, we have political editor and white house correspondent for the huffington post, sam stein. >> hi. >> applause for sam. "fortune's" assistant managing editor, leigh gallagher. and the president of the...